At the Chicago Mercantile Exchange, live cattle closed mixed ahead of the bulk of this week’s direct cash business. Feeder cattle were lower, pressured by the modestly higher move in corn. October live cattle closed $.37 lower at $106.72 and December live cattle closed $.37 higher at $111.95. September feeder cattle closed $1.17 lower at $140.50 and October feeder cattle closed $1.27 lower at $142.42.
A light to moderate direct cash cattle trade developed in the South on Wednesday.
